Rapper 50 cent says file-sharing ain't hurting artists

Rapper and ex-Drug dealer Curtis James Jackson III, 50 cent for his fans, delivered yet another blow to the traditional, widely accepted economic structure on which the whole music industry hinges.

In an interview in Oslo, Norway, he acknowledged that although file-sharing has been affecting its records' sales, it is not really hurting the artists, adding that it would be better to cash on gigs and concerts and on derived material like T-shirts and collectors.

50 cent merely rubs salt in the wounds of entities like the RIAA (Recording Industry Association of America) .

The latter has been quick at accusing the file sharing community of being behind the root of all evils, rather than pointing to alternative reasons to explain the demise of the CD format and the major's fledging profits.

50 cents ended the interview with an enlightened piece of wisdom: "The main problem", he said "is that the artists are not getting as much help developing as before file-sharing. They are now learning to peddle ringtones, not records."

The ringtones market was worth USD 6.6 billion in 2006 according to a research by Analyst firm Jupiter.